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Concrete measures in this regard may start from the China Banking and Insurance Regulatory Commission. The top banking and insurance regulator recently said it is considering raising the ceiling for insurance companies to invest in equity assets.

Compared with the San Francisco Bay Area and Sydney Bay Area, the Greater Bay Area shows stronger research and development capabilities but needs to catch up in entrepreneurship, according to the report.

Combating the virus requires people coming together and a competent federal government "which we do not have," he added.

Coal consumption accounted for 59 percent of the total energy consumption in 2018, down 1.4 percentage points year-on-year, according to the report.

Cohen admitted in the investigation that talks about plans to build a Trump Tower in Moscow extended into June 2016, when Trump was the presumptive Republican presidential nominee. Cohen initially told Congress that the talks fizzled out that January.